Common use of Disposition of Securities Clause in Contracts

Disposition of Securities. By accepting the Award, you acknowledge that you have read and understand the Company’s policy, and are aware of and understand your obligations under U.S. federal securities laws in respect of trading in the Company’s securities, and you agree not to use the Company’s “cashless exercise” program (or any successor program) at any time when you possess material nonpublic information with respect to the Company or when using the program would otherwise result in a violation of securities law. The Company will have the right to recover, or receive reimbursement for, any compensation or profit realized on the exercise of the Option or by the disposition of Shares received upon exercise of the Option to the extent that the Company has a right of recovery or reimbursement under applicable securities laws.

Appears in 14 contracts

Samples: Stock Option Award Agreement (Honeywell International Inc), Stock Option Award Agreement (Vertiv Holdings Co), Stock Option Award Agreement (Vertiv Holdings Co)

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Disposition of Securities. By accepting the Award, you acknowledge that you have read and understand the Company’s policy, and are aware of and understand your obligations under U.S. federal securities laws in respect of trading in the Company’s securities, and you . You agree not to use sell Shares (including by using the Company’s “cashless exercise” program (for the Option, or any successor program) at any time when you possess material nonpublic information with respect to the Company or when using the program doing so would otherwise result in a violation of securities law. The Company will have the right to recover, or receive reimbursement for, any compensation or profit realized realize on the exercise of the Option or by the disposition of Shares received upon exercise of the Option to the extent that the Company has a right of recovery or reimbursement under applicable securities laws.

Appears in 6 contracts

Samples: Stock Option Award Agreement (Honeywell International Inc), Form of Stock Option Award Agreement (Resideo Technologies, Inc.), 2018 Stock Plan (Garrett Motion Inc.)

Disposition of Securities. By accepting the Award, you acknowledge that you have read and understand the Company’s policy, and are aware of and understand your obligations under U.S. federal securities laws in respect of trading in the Company’s securities, and you agree not to use the Company’s “cashless exercise” program (or any successor program) at any time when you possess material nonpublic information with respect to the Company or when using the program would otherwise result in a violation of securities law. The Company will have the right to recover, or receive reimbursement for, any compensation or profit realized realize on the exercise of the Option or by the disposition of Shares received upon exercise of the Option to the extent that the Company has a right of recovery or reimbursement under applicable securities laws.

Appears in 3 contracts

Samples: Option Award Agreement (Honeywell International Inc), 2006 Stock Incentive (Honeywell International Inc), Award Agreement (Honeywell International Inc)

Disposition of Securities. By accepting the Award, you acknowledge that you have read and understand the Company’s policy, and are aware of and understand your obligations under U.S. federal applicable securities laws in respect of trading in the Company’s securities, and you agree not to use the Company’s “cashless exercise” program (or any successor program) at any time when you possess material nonpublic information with respect to the Company or when using the program would otherwise result in a violation of securities law. The Company will have the right to recover, or receive reimbursement for, any compensation or profit realized you realize on the exercise of the Option or by the disposition of Shares received upon exercise of the Option to the extent that the Company has a right of recovery or reimbursement under applicable securities laws.

Appears in 2 contracts

Samples: Stock Option Award Agreement (AdvanSix Inc.), 2016 Stock (AdvanSix Inc.)

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Disposition of Securities. By accepting the Award, you acknowledge that you have read and understand the Company’s policyapplicable policies regarding, and are aware of and understand your obligations under U.S. federal securities laws in respect of of, trading in the Company’s securities, and you agree not to use the Company’s “cashless exercise” program (or any successor program) at any time when you possess material nonpublic information with respect to the Company or when using the program would otherwise result in a violation of securities law. The Company will have the right to recover, or receive reimbursement for, any compensation or profit realized on the exercise of the Option or by the disposition of Shares received upon exercise of the Option to the extent that the Company has a right of recovery or reimbursement under applicable securities laws.

Appears in 2 contracts

Samples: Stock Option Award Agreement (Vertiv Holdings Co), Stock Option Award Agreement (Vertiv Holdings Co)

Disposition of Securities. By accepting the Award, you acknowledge that you have read and understand the Company’s 's policy, and are aware of and understand your obligations under U.S. federal securities laws in respect of trading in the Company’s 's securities, and you agree not to use the Company’s “'s "cashless exercise" program (or any successor program) at any time when you possess material nonpublic information with respect to the Company or when using the program would otherwise result in a violation of securities law. The Company will have the right to recover, or receive reimbursement for, any compensation or profit realized realize on the exercise of the Option or by the disposition of Shares received upon exercise of the Option to the extent that the Company has a right of recovery or reimbursement under applicable securities laws.

Appears in 1 contract

Samples: 2003 Stock Incentive (Honeywell International Inc)

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